1436 NW 51st Ter, Miami, FL 33142
- Added:
- Jun 26, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 1 at 11:06 pm
Property Features for 1436 NW 51st Ter
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3
- Standard status
- Active
- APN
- 01-31-23-014-0460
- Size
- 1,548 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FAIR HAVEN GDNS PB 6-76 LOT 6 BLK 3 LOT SIZE 50.000 X 110 OR 20819-0742 10 2002 4 COC 23820-2296 09 2005 1
- Tax Annual Amount
- 3695
Building Details
- Year built
- 1926
- Floors in Building
- 2
Listing agent Yimandra Serrano License #3415874 (305) 384-8875
Listing office Grand Realty of America, Corp. 19300 W Dixie Hwy Ste12, North Miami Beach, FL (305) 931-7878
Listing date Jun 26, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1926‑built duplex with 2 units and impact windows
- First unit: 2 bedrooms plus a studio that may be used as an extra bedroom, living room, full kitchen, and 1 bathroom
- Second unit: 2 bedrooms, living room, full kitchen, and 1 bathroom
- Independent meters, plus a dedicated laundry room and ACs
- Fairly new roof and freshly painted full structure
- Large fenced lot with driveway for up to 3 vehicles; new kitchen cabinets and toilets; appliances included
Overview
The property is located at 1436 NW 51st Ter in Miami, Florida, in Miami-Dade County. It sits on a large, completely fenced lot, and the driveway provides enough space for up to three vehicles.
For buyers seeking a residential income property, the duplex configuration provides two separate units with independent metering and separate living spaces. The inclusion of appliances, along with the roof and window updates and overall refreshed exterior, can help reduce near-term maintenance considerations for an owner-occupant or investor. The property is rented month to month, with tenants able to stay or leave depending on the buyer’s plans.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.4k | $30.60 |
| − Vacancy | −$3.0k | −$1.95 |
| EGI | $44.4k | $28.65 |
| − OpEx | −$13.3k | −$8.60 |
| NOI | $31.0k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.221052
- Latitude
- 25.822134
